I’m trying to study for my Economics course and I need some help to understand this question.
discussion 3 role of the government
Respond to the following prompts in a post with a minimum of 300 words no maximum
Topic: Some economists argue that the government intervention makes the economic outcome even worse. Some argue that there are important economic roles of the government. What is your opinion? Does the government do good or bad?
Discussion 4 Utility and Government policy
Respond to the following prompt in a post with a minimum of 300 words no maximum
In your own words, what is utility? Can utility be measured? Can you measure your own utility? Can someone else measure your utility? Why or why not? Can social welfare be measured by “adding up” peoples’ utilities? Why or why not? If not by using utility, how can policy makers estimate the welfare of government policies?